Founded in 1982, China Commodity City locates in the center of Zhejiang, Yiwu, is one of the earliest founded special markets, after 20 years, has experienced 4 times moving, 8 times building extension, now possesses the business area of 800, 000 odd sq. M., 34, 000 odd stands, 80, 000 odd employed, daily passenger flow quantity of more than 200, 000, daily turnover is 0.89 billion. In 2002, total trading volume of the market reached 22.998 billion including export value of USD1.5 billion, it has been leading in national industrial product wholesale markets in successive 12 years and been granted the unique market title of pay attention to quality, keep credit by General Administration of Quality Supervision Inspection and Quarantine of the People s Republic of China, is circulation, research and development and exhibition center of international commodity, also is the biggest commodity export base in our country.

China Commodity City consists of China Yiwu International Trade City, Huangyuan Market and Binwang Market, which possess 28 categories and 100, 000 odd commodities, almost include all daily industrial articles such as craftwork, ornament, small hardware, daily article, case & bag, rain gear & umbrella, electron & electrical appliance, toy, cosmetic, stationery & sports article, hosiery, food, watch & clock, thread & band, knitting cotton, textile, tie, garment etc, among which cost volume profit relationship of ornament, hosiery and toy cover one third of nationwide markets, is high quality and inexpensive, with various obvious features, have very strong competition in the world.